Daily Summary

AI Agents Take the Wheel: $100M Fundraise & JPMorgan's Winning Strategy

Autonomous AI agents are proving their financial mettle, from successfully managing a $100M startup fundraise to outperforming traditional 60/40 portfolios in major bank backtests.

• An AI agent startup just let its agent run its $100 million fundraise
• JPMorgan Builds AI Agents That Beat 60/40 Portfolio in Backtests
• AI investing startup GIM raises $20 million

Mercor Acquires Deeptune to Supercharge AI Agent Training

In a major consolidation move, AI unicorn Mercor has acquired Deeptune to integrate advanced reinforcement learning environments, accelerating the development of smarter, more capable autonomous agents.

• Mercor acquires Deeptune, which builds reinforcement learning environments for AI agents

AI's Next Frontier: Discovering Penicillin & Solving $3T Problems

Beyond finance, AI is tackling massive scientific and societal challenges, with new research exploring how models could rediscover life-saving drugs like penicillin and answer trillion-dollar questions.

• What would it take for AI to discover penicillin?
• Can AI answer the $3 trillion question?